🚀 $PROM /USDT – Breakout Consolidation Zone Ready to Explode! 💥
Current Price: $7.828 (+4.12%)
$PROM is tightening just below the recent high of $7.89 after a strong bullish rally. Price is consolidating in a narrow range between $7.75–$7.80, signaling strength. A breakout above $7.85 with solid volume could trigger the next leg up toward fresh local highs!
📊 Trade Setup – LONG
• Entry Zone: $7.80 – $7.85
• Target 1 (TP1): $8.00
• Target 2 (TP2): $8.10 ✅
• Stop Loss (SL): $7.68
⚡ Technical View:
Tight range under resistance with rising volume hints at accumulation. Structure favors bulls on breakout confirmation.
🛡 Risk Note:
If price dips below $7.68, consider the setup invalidated. Stick to position sizing and protect capital.
🔄 Strategy Breakdown:
This is a classic bullish continuation play. Price broke out recently and is now coiling under resistance — a common pattern before a secondary breakout wave. Volume confirmation is key for entry.
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